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REGISTERED NUMBER: 03632534 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

TRYON (UK) LTD

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 5

Notes to the Financial Statements 6


TRYON (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: G Dupasquier





SECRETARY:





REGISTERED OFFICE: 1st Floor
80 Coombe Road
New Malden
Surrey
KT3 4QS





REGISTERED NUMBER: 03632534 (England and Wales)





ACCOUNTANTS: Liles Morris Limited
1st Floor
80 Coombe Road
New Malden
Surrey
KT3 4QS

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30 SEPTEMBER 2023


The director presents her report with the financial statements of the company for the year ended 30 September 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of property ownership and rental.

DIRECTOR
G Dupasquier held office during the whole of the period from 1 October 2022 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





G Dupasquier - Director


20 February 2024

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

INCOME STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2023 2022
£    £   

TURNOVER 38,400 35,800

Administrative expenses 7,504 60,474
OPERATING PROFIT/(LOSS) 30,896 (24,674 )


Interest payable and similar expenses - 9
PROFIT/(LOSS) BEFORE TAXATION 30,896 (24,683 )

Tax on profit/(loss) 1,180 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

29,716

(24,683

)

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 1,059,000 1,059,000

CURRENT ASSETS
Cash at bank 105,439 50,282

CREDITORS
Amounts falling due within one year 6 320,914 295,473
NET CURRENT LIABILITIES (215,475 ) (245,191 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

843,525

813,809

PROVISIONS FOR LIABILITIES 119,660 119,660
NET ASSETS 723,865 694,149

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 685,670 685,670
Retained earnings 38,095 8,379
SHAREHOLDERS' FUNDS 723,865 694,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 February 2024 and were signed by:



G Dupasquier - Director


TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2023

Called up Fair
share Retained value Total
capital earnings reserve equity
£    £    £    £   
Balance at 1 October 2021 100 33,062 685,670 718,832

Changes in equity
Total comprehensive income - (24,683 ) - (24,683 )
Balance at 30 September 2022 100 8,379 685,670 694,149

Changes in equity
Total comprehensive income - 29,716 - 29,716
Balance at 30 September 2023 100 38,095 685,670 723,865

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Tryon (UK) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from this standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises rent receivable

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

TRYON (UK) LTD (REGISTERED NUMBER: 03632534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 1,059,000
NET BOOK VALUE
At 30 September 2023 1,059,000
At 30 September 2022 1,059,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,180 -
Other creditors 319,734 295,473
320,914 295,473

7. RESERVES
Fair
value
reserve
£   
At 1 October 2022
and 30 September 2023 685,670

The transfer to the fair value reserve reflects the change in the company's deferred tax provided on the uplift of the investment property to current fair value.